Compilation Manual for an Index of Services Production (2007...

Compilation Manual for an Index of Services Production (2007 Edition)

The OECD Compilation Manual for Index of Services Production contains guidelines and methodologies to measure short-term production activities of the services sector by national agencies and international organisations. The Manual fills a gap in existing international statistical standards for guidelines and recommendations on the compilation of output indicators for the services sector of OECD member countries.

In fulfilling its main objective, this Manual aims to provide both conceptual and practical recommendations (based on available input series) for the compilation of a production index to measure short-term economic activity in the services sector, an index of services production (ISP). An ISP would provide economic analysts with information that would complement an IIP on the short-term movements of an economy, and national accountants with relevant and timely information on the performance of the services sector that could be used to compile quarterly national accounts. In this context, the current Manual is designed to complement the Methodological Guide for Developing Producer Price Indices for Services recently published jointly by the OECD and Eurostat.